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20131202
20131210
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funded, covering less than 80% of retiree pension and health benefits and other bankrupt cities are struggling to get solvent. this ruling could be an opening. i want to bring in lee saunders, president of the american federation of state, county and municipal employees representing 1.6 million members. for those members, lee saunders, what does this ruling mean? >> well, it's a dark day for detroit, it's a dark day for working families, it's a dark day for the retirees who have really worked for 30, 35 years, given their lives to public service yet they have a huge bull's-eye on their back based upon this ruling by the court. on average, our members on this average earn $19,000 a year, their pension benefits are $19,000, yet they are standing in the front of the line where they're going to get cut. those benefits will be reduced. we think that's unfair, immoral, and we're going to continue to fight legally. we're appealing the decision yesterday. but we're going to continue to educate the community in detroit and across michigan and across this country. you don't attack workers
is expected to decide whether the cash-strapped city is eligible to get rid of $18 billion in debt, but creditors argue the city didn't put enough time into negotiations before filing for chapter 9. >>> fast food workers nationwide will walk off the job on thursday, demanding higher pay. is 15 bucks an hour a living wage or is it a ticket to layoffs? we'll talk to one of the protest organizers coming up. ya know, with new fedex one rate you can fill that box and pay one flat rate. i didn't know the coal thing was real. it's very real... david rivera. rivera, david. [ male announcer ] fedex one rate. simple, flat rate shipping with the reliability of fedex. and i know there are many myths out there about a reverse mortgage, so i want you to know the facts. there are currently no credit score or income requirements to qualify. you can get tax-free money from the equity in your home. you can use the money to pay off your current mortgage if you have one. the remaining money can be used for anything. there's no monthly mortgage payments. and you still own your home! call today to get y
andrew cuomo says the pictures and video can't truly capture the devastation of the new york city train derailment that killed four people and sent 67 more to the hospital. the ntsb has the two black boxes which could provide critical clues to figure out what caused the crash. the conductor was rounding a sharp curve in the bronx, one taken by conductors dozens of times each day, but this time it resulted in chaos. >> i was on the right side of the train. and i started to feel it starting to tilt. and i could see the ground coming towards my face. at which point the train listed again to the left side and then started to roll back and fort. it was tossing me like a rag doll. >> some of the things the ntsb team is looking at, speed, track conditions, maybe mechanical problems as well as taking standard drug tests on the crew. we'll have a live report from the crash scene in our next half hour. >>> a memorial is growing for "fast & furious" star paul walker, including flowers from co-star tyrese gibson who openly went yesterday. walker was a passenger in a car that flew off the road, cras
cities off the country demanding to be paid $15 an hour. >> i actually work two jobs. i work mcdonald's and wendy's and it's still not enough. the cost of living still seems to be rising over my head and still making difficult, daily sacrifices and i work two job, minimum wage is just not enough. >> president obama gave those protesters a boost yesterday. >> we know that there are airport workers and fast food workers and nurse assistants and retail sales people who work their tails off, and are still living at or barely above poverty, and that's why it's well past the time to raise a minimum wage that in real terms right now is below where it was when harry truman was in office. >> nbc's katie toure is live in brooklyn where a protest is scheduled to begin in the next hour. what are you hearing? >> there is a lot of debate on this issue. on the one hand you have the fast food workers and a lot of support out here for them who say they need to be raised to $15. that $7.25 just isn't enough. you hear that woman say she works two jobs even though they're making $7.25 an hour. they
this city has gotten right now. this is outrageous that the best they're going to be able to do is a stopgap measure that punts the problems down the road. i know one thing for sure, they're all going on vacation on friday. meanwhile the debt won't be taken care of. meanwhile they probably have raised taxes on us through our airline fees, that's a tax increase. they probably will cut pensions to middle class people and veterans. it's just asinine that they're all going to pat themselves on the back thursday and friday and say what a great job they have done. this is just absurd. >> let's talk about one of the big sticking points here, something that's been a huge topic of conversation and that is unemployment benefits. democrats have gone back and forth over whether this would be a deal-breaker. first nancy pelosi said it would be and then she back tracked a little bit. dick durbin said it's not. but the president did use his weekly radio address to push republicans on the extension. >> for many families it can be the difference between hardship and catastrophe. last year alone it lifted 2.5
Search Results 0 to 4 of about 5